YCON: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
YCON
Largest movements
- Receivables within one year -€267,207
down €267,207 (-53.7%), from €497,517 to €230,310
of which Other amounts receivable: -€282,450
- Cash +€106,283
up €106,283 (+40.4%), from €262,781 to €369,064
mainly Receivables within one year (+€267,207) and Net result for the year (+€178,073)
- Tangible fixed assets -€16,231
down €16,231 (-32.6%), from €49,848 to €33,617
of which Other tangible fixed assets: -€9,258
- Reserves -€142,206
down €142,206 (-15.6%), from €912,831 to €770,625
- Tax, wage and social debts -€23,523
down €23,523 (-35.6%), from €66,099 to €42,576
- Short-term financial debts -€12,298
down €12,298 (-33.5%), from €36,667 to €24,369
- Gross operating margin +€21,551
up €21,551 (+9.2%), from €233,073 to €254,624
- Financial income -€16,560
down €16,560 (-44.9%), from €36,859 to €20,299
- Depreciation -€4,596
down €4,596 (-22.1%), from €20,827 to €16,231
- Taxes +€3,166
up €3,166 (+4.2%), from €74,781 to €77,947
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,033,345 | €854,763 | -€178,582 | -17.3% |
| Fixed assets | 21/28 | €49,848 | €33,617 | -€16,231 | -32.6% |
| Tangible fixed assets | 22/27 | €49,848 | €33,617 | -€16,231 | -32.6% |
| Furniture and vehicles | 24 | €9,011 | €2,038 | -€6,973 | -77.4% |
| Other tangible fixed assets | 26 | €40,837 | €31,579 | -€9,258 | -22.7% |
| Current assets | 29/58 | €983,497 | €821,146 | -€162,351 | -16.5% |
| Amounts receivable within one year | 40/41 | €497,517 | €230,310 | -€267,207 | -53.7% |
| Trade receivables | 40 | €20,875 | €36,118 | +€15,243 | +73.0% |
| Other amounts receivable | 41 | €476,642 | €194,192 | -€282,450 | -59.3% |
| Current investments | 50/53 | €220,120 | €220,120 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €262,781 | €369,064 | +€106,283 | +40.4% |
| Deferred charges and accrued income | 490/1 | €3,079 | €1,652 | -€1,427 | -46.3% |
| Total equity and liabilities | 10/49 | €1,033,345 | €854,763 | -€178,582 | -17.3% |
| Equity | 10/15 | €912,831 | €770,625 | -€142,206 | -15.6% |
| Reserves | 13 | €912,831 | €770,625 | -€142,206 | -15.6% |
| Distributable reserves | 133 | €912,831 | €770,625 | -€142,206 | -15.6% |
| Amounts payable | 17/49 | €120,514 | €84,138 | -€36,376 | -30.2% |
| Amounts payable within one year | 42/48 | €119,956 | €84,138 | -€35,818 | -29.9% |
| Financial debts | 43 | €36,667 | €24,369 | -€12,298 | -33.5% |
| Credit institutions | 430/8 | €36,667 | €24,369 | -€12,298 | -33.5% |
| Trade debts | 44 | €17,190 | €17,193 | +€3 | 0.0% |
| Suppliers | 440/4 | €17,190 | €17,193 | +€3 | 0.0% |
| Taxes, remuneration and social security | 45 | €66,099 | €42,576 | -€23,523 | -35.6% |
| Taxes | 450/3 | €66,099 | €42,576 | -€23,523 | -35.6% |
| Accrued charges and deferred income | 492/3 | €558 | - | -€558 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,827 | €16,231 | -€4,596 | -22.1% |
| Other operating charges | 640/8 | €968 | €998 | +€30 | +3.1% |
| Gross operating margin | 9900 | €233,073 | €254,624 | +€21,551 | +9.2% |
| Operating profit (loss) | 9901 | €211,278 | €237,395 | +€26,117 | +12.4% |
| Financial income | 75/76B | €36,859 | €20,299 | -€16,560 | -44.9% |
| Recurring financial income | 75 | €36,859 | €20,299 | -€16,560 | -44.9% |
| Financial charges | 65/66B | €2,211 | €1,674 | -€537 | -24.3% |
| Recurring financial charges | 65 | €2,211 | €1,674 | -€537 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €245,926 | €256,020 | +€10,094 | +4.1% |
| Income taxes | 67/77 | €74,781 | €77,947 | +€3,166 | +4.2% |
| Profit (loss) for the period | 9904 | €171,145 | €178,073 | +€6,928 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €171,145 | €178,073 | +€6,928 | +4.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.